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$995,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12071079
HOA Y/N No
Annual Tax Amount $7,940
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Multi Family
Property Description
A rare opportunity to acquire a fully cleared, development-ready site in the City of Hollywood with shovel-ready, fully approved plans for a 14-unit residential building. Approvals are in hand and the plans have been value-engineered for efficient, cost-controlled construction, allowing a buyer to break ground without the time, expense, and uncertainty of the entitlement process. The 14,171 SF C-MU parcel sits within Hollywood city limits and is currently assessed as vacant residential land. The approved program delivers 10,444 square feet of net rentable area across three floors, with an efficient mix weighted toward two-bedroom units and 24 on-site parking spaces. Every unit is designed with central air conditioning, impact-rated windows and doors, tile flooring, and a fully equipped kitchen, producing a durable, low-maintenance asset well suited to South Florida operating conditions. A rare opportunity to acquire a fully cleared, development-ready site in the City of Hollywood with shovel-ready, fully approved plans for a 14-unit residential building. Approvals are in hand and the plans have been value-engineered for efficient, cost-controlled construction, allowing a buyer to break ground without the time, expense, and uncertainty of the entitlement process. The 14,171 SF C-MU parcel sits within Hollywood city limits and is currently assessed as vacant residential land. The approved program delivers 10,444 square feet of net rentable area across three floors, with an efficient mix weighted toward two-bedroom units and 24 on-site parking spaces. Every unit is designed with central air conditioning, impact-rated windows and doors, tile flooring, and a fully equipped kitchen, producing a durable, low-maintenance asset well suited to South Florida operating conditions.
Location
State FL
County Broward
Area 3100
Zoning C-MU
Interior
Interior Features InteriorFeatures
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Parking Features Covered, Guest
Water Access Desc Public
Building
Lot Description Central Business District, Residential Lot, 1/4 to 1/2 Acre Lot
Sewer Public Sewer
Water Public
Structure Type Block
Others
Tax ID 514112050930
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12071079
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Listed by Eliu Dreszer RE/MAX FIRST
NEARBY SCHOOL & BUSINESS
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